June 26 was a big day in U.S. soccer. Not just because we faced the Germans in a World Cup match that determined (in a roundabout way) whether or not we made it to the knockout round, but because Jurgen ... Read More
This article Did U.S. National Soccer Coach Jurgen Klinsmann Cost U.S. Economy $50.0 Billion? originally published at Daily Gains Letter by John Whitefoot.
]]>Judging by all the headlines alone, you’d conclude that the U.S. housing market is in full recovery mode (it isn’t) and that the U.S. economy is heading in the right direction (it’s not).
In response to existing-home sales data, USA ... Read More
This article What’s Really Behind the Headlines for May’s Surging Home Sales originally published at Daily Gains Letter by John Whitefoot.
]]>In April, the unemployment rate dropped to 6.3%—its lowest level since 2008. While Wall Street and Capitol Hill might be giving each other high-fives, there is still plenty left to lament.
At 12.3%, the U.S. underemployment rate is still eye-wateringly ... Read More
This article Student Debt on Course to Sink America’s Economy; Here’s How to Profit originally published at Daily Gains Letter by John Whitefoot.
]]>Federal Reserve Chair Janet Yellen confirmed what we’ve been espousing in these pages for the last couple of years—that the so-called recovery feels an awful lot like a recession for most Americans.
Addressing a crowd in Chicago, the head of ... Read More
This article Three Ways to Combat a “Recovery” That Even the Fed Says originally published at Daily Gains Letter by John Whitefoot.
]]>After a miserable winter of weak economic indicators (which were mostly blamed on the weather), the warmer spring weather will be a godsend for Wall Street. Unless, of course, there’s more holding the U.S. economy back than cold winds and ... Read More
This article Double-Digit Gain or 30% Crash: How to Profit from S&P 500 No Matter Where It Goes originally published at Daily Gains Letter by John Whitefoot.
]]>Since the beginning of 2012, the U.S. housing market has been considered one of the bright spots in an otherwise uneven economic environment. Between 2007 and the end of 2011, the U.S. housing market fell 33%—since then, it has rebounded, ... Read More
This article How to Turn Disappointing Housing Data into Greater Returns originally published at Daily Gains Letter by John Whitefoot.
]]>Technically, the Federal Reserve’s job is to oversee the monetary policy (short-term interest rates) of the world’s biggest economy. Obviously, it does, but it’s also important to remember that its opinion and carefully chosen words also have a major impact ... Read More
This article Three Silver Plays That Can Weather a Short-Term Downturn originally published at Daily Gains Letter by John Whitefoot.
]]>After 12 years, gold bullion’s glorious bull run ended with a thud in 2013, retracing 30% and locking in the biggest annual decline since 1981. Many speculate that gold bullion prices melted in 2013 as investors tried to figure ... Read More
This article Should You Be Prepared for a Bullish Run in Gold Bullion? originally published at Daily Gains Letter by John Whitefoot.
]]>Spring is finally here, but that certainly doesn’t mean corporate America will cease to use the cold weather as an excuse for abysmal corporate earnings. Throw a dart at any sector, and you’ll find CEOs blaming the weather in some ... Read More
This article Three Stocks to Profit from New and Old Cars Alike originally published at Daily Gains Letter by John Whitefoot.
]]>For months and months now we’ve been pointing to seemingly obvious economic data to prove that the U.S. housing market is in trouble because of the weak U.S. economy. Those in the “know”—economists and the real estate board—have been waxing ... Read More
This article What’s Handicapping First-Time Homebuyers? originally published at Daily Gains Letter by John Whitefoot.
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